Goldman Sachs meanwhile revised down its forecasts for the NT dollar to NT$33.5, NT$33.2, and NT$32.5 against the US dollar for the three, six and twelve-month horizon. This is weaker than its previous forecasts of NT$32.5, NT$31.5 and NT$31, respectively.
Mon, Nov 21, 2005 - Page 10 News List
Interest rates to move upward, bank predicts
TIGHTENING The nation's central bank may increase the pace of rate rises next year to address inflation and narrow the gap with interest rates in the US
By Amber Chung / STAFF REPORTER
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